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Takaful International Company B.S.C (Bahrain)

Main Activities: Agencies, Brokerages, and Other Insurance Related Activities
Full name: Takaful International Company B.S.C Profile Updated: March 13, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Takaful International Company BSC, formerly Bahrain Islamic Insurance Company and incorporated in 1989, is a leading provider of takaful products and services by creating awareness and maximizing the potential for Takaful. It is engaged to lead the development and marketing of innovative products that conform to the Shari'a principles and provide services that build and uphold Corporate Values; to conduct all types of insurance & reinsurance in accordance with the principle of Sharia. The Company's activities are organized into two main segments, namely Personal Insurances and Corporate Insurances.

Headquarters
Building 680, Road 2811, Seef District 428, P.O. Box 3230
Manama; Manama;

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Website: http://www.gigtakaful.bh

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1989
Key Executives
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Chairperson
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Vice Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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81.94%
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6.18%
Company Performance
Financial values in the chart are available after Takaful International Company B.S.C report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency BHD. Absolute financial data is included in the purchased report.
Net insurance premium revenue
26.47%
Operating profit (EBIT)
20.77%
Net Profit (Loss) for the Period
20.77%
Total assets
8.01%
Investments
9.27%
Receivables
-44.83%
Total equity
9.87%
Net Premiums Earned Trend
23.86%
Net Profit Trend
N/A
Return on Equity (ROE)
1.06%
Loss Ratio
-0.05%
Underwriting Expenses Ratio
-2.93%

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